Appraisals on All Current Holdings Are Complete in Advance of Upcoming Audited Financial Statements

FEDERAL WAY, WA--(Marketwire - November 13, 2007) - HAZ Holdings, Inc. (PINKSHEETS: HAZH),
which manages a portfolio of full-service hotels, today announced that the
company has received the completed appraisal of its hotel property in
Edmonton, Alberta, Canada from the appraiser that was retained to determine
the current value of Edmonton hotel asset. Appraisals were also recently
completed on the company's two U.S. properties, which are located in
Houston, Texas and San Antonio, Texas.

The completed appraisals will be used as part of the effort to establish
the current asset value of the company's hotel ownership portfolio. The
asset value is an integral aspect of completing the financial statements to
bring the company current in its financial filings and to satisfy the
requirements of institutional investors who are being targeted as future
long-term investors for HAZ Holdings.

Work to complete the company's past financial statements has been
initiated, and the independent auditing firm of Gruber & Company, LLC has
been engaged to complete the audit of HAZ Holdings' financials, including
annual reports for the last three fiscal years. HAZ Holdings believes that
by filing all past financial statements, the company can be properly
positioned in the public markets as it executes its growth strategy. This
effort may include the pursuit of a listing in a market that would attract
institutional investors.

"We are pleased to have completed the appraisals of all three properties in
HAZ Holdings' hotel ownership portfolio," stated Dr. Karim Bhanji, CEO of
HAZ Holdings, Inc. "These appraisals are expected to form the basis for
the company's current asset value, as reported in the anticipated upcoming
financial filings. We are satisfied with the results of the appraisals and
look forward to increasing the asset value of the company through
additional future hotel acquisitions."

HAZ Holdings recently announced an agreement with an investment banking
form for financing of up to $100 million for expansion of HAZ Holdings
hotel ownership portfolio.

HAZ Holdings' five-year business plan is to increase its hotel ownership
portfolio by acquiring hotel properties that range in size from 100-300
rooms per property. The company's primary focus for hotel acquisitions is
in North America, but once its has met its North American goals, HAZ
Holdings plans to develop and acquire hotel properties in Europe and Asia.

Shareholders and anyone interested in following the progress of the company
are encouraged to subscribe to the company's mailing list located at
http://investors.hazholdings.com/ealert.php, through which HAZ Holdings
disseminates newly disclosed information, including press releases, notices
of SEC filings, investor newsletters and other material, to subscribers
directly by email.

About HAZ Holdings, Inc.

HAZ Holdings owns and manages three mid-scale, full-service hotels in the
United States and Canada, under the brand names "Hotel Monarchy & Suites"
and "Monarchy Inn & Suites" (www.hazhotels.com). HAZ Holdings' five-year
business plan is to increase its hotel ownership portfolio by acquiring
hotel properties that range in size from 100-300 rooms per property, while
concurrently franchising additional hotels under its brand names. The
Company's portfolio also includes the following wholly owned subsidiaries:
Mortgage and Financial Institute, LLC (www.mfibanking.com), a mortgage
brokerage company specializing in commercial and residential lending in
Washington and Alaska; Nationwide Hotel Management, LLC, a hotel management
company; KB Realty Group International LLC, a commercial and residential
real estate sales company; Evergreen Sound Construction, LLC, a commercial
and residential development company; and DoTravelDeals
(www.dotraveldeals.com), a global travel booking engine.

This press release may contain "forward-looking statements." Although we
believe that the expectations reflected in any forward-looking statements
are reasonable, HAZ Holdings cannot guarantee future results, levels of
activity, performance or achievements. Actual results may differ materially
from the predictions discussed in these forward-looking statements. Changes
in the circumstances upon which HAZ Holdings bases its predictions and/or
forward-looking statements could materially affect its actual results.